Data science startup, Voyance has launched two two flagships products, Manhattan DB and Sigma as it gets $500,000 in a pre-seed funding round.
The announcement to its product launch and seed raise was made via its twitter revealing that Voyance is making data science accessible to businesses to accelerate innovation by unifying data engineering, machine learning and business processes and through Manhattan DB and Sigma.
The $500,000 pre-seed round was led by Beta.Ventures, an early-stage investment firm supporting leading tech entrepreneurs and tech-enabled startups in Nigeria.
Other investors that participated in the round are Zedcrest Capital, the venture investing initiative of the securities and investment firm Zedcrest Group, HoaQ club, a community of creators and operators backing entrepreneurs in building scalable businesses for Africa and its Diaspora, and Assembly Investors.
Individual investors such as Fola Olatunji-David, the founding partner of Kickoff Africa, Chidinma Iwueke, a principal at QED Investors, Seni Sulyman, the founder of Black Ops, and Nelly Chatue-Diop, the co-founder and CEO of Ejara.
Voyance’s Manhattan DB will provide efficient, scalable and fully managed data infrastructure to businesses. Also, data analysts, scientists, engineers and machine learning engineers can utilise the produce to safely and easily store and analyse gigabytes and petabytes of data, build machine learning models and deploy with zero operational overhead.
While Sigma is a risk operations platform that can be used to address business problems such as transaction monitoring, compliance and anti-money laundering. It permits businesses to create and scale its operations without any increased risk.
Voyance was launched in 2019 by Ebot Tabi as a data science startup that creates innovative solutions to assist companies extract value from their data and to help B2B businesses become data–driven.
Ovo Emorhokpor, the General Partner at Beta.Ventures, said “Data has become one of the most important business assets in the modern era. Voyance is building critical infrastructure to enable small and large businesses to turn their raw data into advanced analytics and design machine learning models to make insightful business predictions.”
“The secret behind the widely loved Voyance product combines the duality of technical sophistication and consumer-grade experience”, Emorhokpor added.